Economy News in English

Air France-KLM name to disappear: unrest at the top over 'drastic step'

Air France-KLM CEO Ben Smith has reportedly decided to change the name of the aviation group following the expected addition of Scandinavian airline SAS. The decision has sparked significant internal ...

Higher profit for Saudi Aramco despite export disruptions due to Iran war

Saudi Aramco reported increased profits for the first quarter as high oil prices, driven by the conflict in Iran, offset operational challenges. Despite the financial gain, the company's exports have ...

The Greenhouse | Celebration of avoided disaster scenario is unfortunately postponed

Climate reporter Jeroen Kraan discusses the aftermath of a technical publication regarding climate models and their implications. He clarifies that, despite some optimistic interpretations, severe cli...

1896 building permit insufficient: city center roof terrace must be removed

A homeowner in Amsterdam's city center must remove a roof terrace and external staircase by June 2026 or face a 10,000 euro fine. A judge rejected the owner's claim that a building permit from 1896 au...

Majority of musicians cannot make a living from music: financial uncertainty makes artists less likely to buy a home

A recent study reveals that the majority of pop musicians in the Netherlands struggle financially, with nearly half earning less than 5,000 euros net annually from their music. This financial instabil...

Wietske and Ben form a band, but also work in construction and journalism: 'Musicians should take a stand against low rates'

Members of the band Jacht, who reside in Amsterdam and Haarlem, discuss the financial challenges of balancing their music careers with professional work in construction and journalism. They argue that...

Milieudefensie figurehead wants to change Tata from within: is that possible?

Donald Pols, the director of Milieudefensie, is transitioning to a role at Tata Steel to attempt to reform the company's environmental practices from within. This career move has sparked a national de...

Germany and Canada deepen cooperation

German Finance Minister Lars Klingbeil discussed deepening bilateral cooperation between Germany and Canada during a conference in Toronto on Saturday. The meeting focused on exploring new ways for th...

As one fake site is taken down, another for bankrupt Fonq pops up: ‘Everything must go’

Cybercriminals are launching multiple fraudulent websites mimicking the bankrupt home retailer Fonq to scam consumers with fake clearance sales. Despite police efforts to take down these sites, new on...

Retention of mortgage interest deduction less certain than it seems

The Dutch minority cabinet, led by Prime Minister Jetten, faces potential negotiations with the opposition and unions that may put the mortgage interest deduction at risk. While the VVD remains firmly...

German drone startup worth $18 billion after new funding round

German drone startup Helsing is set to raise $1.2 billion in a new financing round, according to the Financial Times. This investment establishes the Munich-based company as one of the most valuable s...

Putin promises visiting Fico enough energy for Slovakia

Russian President Vladimir Putin met with Slovak Prime Minister Robert Fico in Moscow on Saturday to discuss energy cooperation. During the visit, Putin pledged that Russia would make every effort to ...

Dassen in congress speech: break ties with Palantir

Volt leader Laurens Dassen has called on the Dutch government to sever ties with the American software company Palantir. During a party congress in Ede, Dassen proposed redirecting the funds currently...

Uniqlo doesn't sell trends, but relies on Japanese reliability

Japanese retailer Uniqlo distinguishes itself from fast-fashion competitors by focusing on sustainable, gender-neutral basics rather than chasing rapid trends. The brand emphasizes reliability and rat...

New cars and washing machines made entirely from scrap? Tata Steel, Volvo and Electrolux conduct groundbreaking research

Tata Steel Nederland, Volvo, and Electrolux Professional are conducting research in IJmuiden to produce high-quality steel for cars and appliances entirely from scrap metal using electric arc furnaces...

New Dutch citizens finding work faster and more often: "I can now contribute"

Data from the CBS shows that refugees with residence permits in the Netherlands are finding employment significantly faster than a decade ago, with 13% working within three months. Local initiatives a...

The Netherlands flooded by Chinese car brands: here is the reason

The Netherlands is experiencing a rapid influx of Chinese car brands, with over twenty manufacturers already present in the market and new ones arriving almost monthly. Auto expert Niek Schenk explain...

Starmer appoints former PM Brown as special envoy

British Prime Minister Keir Starmer has appointed former Prime Minister Gordon Brown as a special envoy for global finance. The appointment follows significant losses for the Labour Party in recent lo...

Sold-out house festival organizer sues Amsterdam over cancellation

The organizers of the sold-out Music On Festival have filed a lawsuit against the municipality of Amsterdam in a final attempt to prevent the event's cancellation. A spokesperson stated that this lega...

Marleen (52) is at the office by 7:15 AM to secure a spot: ‘Need for my own desk’

52-year-old Marleen reports experiencing significant stress due to a workspace shortage in her company's new office, forcing her to arrive at 7:15 AM to secure a desk. She shared her struggle with car...

Companies not yet increasing travel allowances on a large scale

A survey by ANP indicates that most companies in the Netherlands are not yet planning to increase the travel allowance for employees to 25 cents per kilometer. Many employers have either decided again...

Ruud Gullit's AI clone can speak languages but can't play football

Tech reporter Rutger Otto's weekly column examines an AI clone of Dutch football icon Ruud Gullit. The digital double is designed to speak multiple languages, though it cannot replicate Gullit's physi...

Old 100-guilder life insurance policy turns out to be worth almost nothing in 2026

Following the death of her 103-year-old mother, Ineke Barnhoorn discovered a life insurance policy taken out nearly a century ago for one hundred guilders. Now valued at less than fifty euros, the cas...

Philips management faces heavy criticism at shareholder meeting

Philips executives faced significant pressure from shareholders during the company's annual meeting. The initially relaxed atmosphere turned tense as shareholders posed a series of critical questions ...

Ziggo adds ESPN channels to basic package and raises prices for all TV customers

Starting in July, Ziggo will include all four ESPN channels in its basic television package, providing millions of households with access to Eredivisie football and other sports. As a result of this c...

Day trip to Germany by shopping bus, especially for tobacco: ‘I easily save 240 euros’

ATM bombing is a criminal craft in which the Netherlands excels

Will the cabinet be spared a new billion-euro claim? Not everyone to receive money in Box 3 affair

The Dutch government may avoid paying billions in compensation because individuals who did not object in time to the unlawful Box 3 wealth tax are likely ineligible for restitution. This development o...

Additional layoffs at Porsche as it pulls the plug on subsidiaries

Porsche is shutting down three of its subsidiaries, resulting in the elimination of 500 additional jobs at the German sports car manufacturer. The company is responding to declining sales and economic...

Foghorns, fireworks and smoke at the christening of new trawler Annie Hillina as Bloom protest group leaves early

The Dutch fishing industry celebrated the christening of the KW-170 'Annie Hillina' in IJmuiden, marking the first new Dutch freezer trawler commissioned since 2000. The event featured fireworks and s...